"Cigars in Spain" Published

Cigarillos represented an 81% share of volume sales, and increased rapidly between 2010 and 2013 as a consequence of the high prices of cigarettes, and the fact that until 2012 it was still possible to smoke cigars in cigar clubs. Despite the fact that large and small cigars saw reduced shares, in 2013 their sales were boosted by the entry of Dominican cigars, which have lower prices compared with the most popular Cubanos.

Competitive Landscape

Altadis was the leader in cigars excluding cigarillos in 2013 with a 24% volume share, followed by Cía Canariense de Tabacos with 10% and JT International with 9%. These three companies enjoy large product portfolios and have the most popular brands in the market: Farias (Altadis), Reig (Cía Canariense) and Victoria (JT International).

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Industry Prospects

Spaniards are likely to continue to be heavy cigar smokers. Cigar smokers are of a different type than cigarette smokers, and have more difficulty renouncing their daily smoke. In concomitance with the recovery of the economic situation and the growth in the number of wealthy tourists, cigars is expected to outperform cigarillos in the forecast period. The growth of cigars will be mainly driven by small cigars which are expected to see the fastest volume growth over the forecast period remaining the most popular cigar type.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Cigars industry in Spain with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Cigars industry in Spain, our research will save you time and money while empowering you to make informed, profitable decisions.

The Cigars in Spain market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Cigars in Spain?
* What are the major brands in Spain?
* What are the main distribution channels for cigars in Spain and which are performing well?
* What is the proportion of hand-made versus machine manufactured cigars in Spain?

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats

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